Washington, DC 20032,15 HALLEY PL SE
Washington, DC 20032,15 HALLEY PL SE
Washington, DC 20032,15 HALLEY PL SE
Washington, DC 20032,15 HALLEY PL SE
Washington, DC 20032,15 HALLEY PL SE
Washington, DC 20032,15 HALLEY PL SE
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Listed by Kirk Chatman • Fairfax Realty Premier
Bought with Babak Binesh • Samson Properties

$663,000

$690,000

3.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,442 SqFt


SOLD DATE : 12/23/2025

Key Details

Sold Price $663,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,442 sqft

Price per Sqft $271

MLS Listing ID DCDC2212176

Sold Date 12/23/25

Style Traditional

Abv Grd Liv Area 2,442

Year Built 1953

Annual Tax Amount $3,654

Tax Year 2024

Lot Size 3,304 Sqft

Acres 0.08

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

Opportunity Alert – Assumable 2.5% FHA Loan ($530K Balance, $3,113/Month!)

This is a rare chance to assume a 2.5% FHA loan with an outstanding balance of $530,000 and a low monthly payment of $3,113 (including principal, insurance, and interest). That's still over $1,400 per month in potential savings compared to today's rates, offering unbeatable cash flow and long-term affordability. This is a move-in-ready, revenue-generating 4-unit multifamily in Washington, DC, located just steps from I-295 and Joint Base Anacostia-Bolling. It features stable Section 8 tenants and upstairs units currently under renovation, including the owner's unit that is being reconfigured into a two-bedroom setup, unlocking tremendous value-add potential. Unit 1 (Section 8) rents for $1,330/month, and Unit 2 (Section 8) rents for $1,250/month. Unit 3 is vacant and under renovation, and Unit 4, the owner's unit, is being converted into a two-bedroom with projected rent of $1,700 month. The downstairs tenant has expressed willingness to move upstairs, which would allow her current unit to also be converted into a two-bedroom with projected rent of another $1,700/month. Once fully stabilized and rented, the property will generate approximately $5,980/month in gross rent. With the assumable FHA loan at a 2.5% interest rate and a monthly mortgage of about $3,113, a buyer would net around $3,000 month in positive cash flow from day one. This kind of return is virtually unheard of in today's market. It far surpasses any high-yield savings account or traditional investment vehicle. Beyond immediate cash flow, buyers also benefit from long-term appreciation, principal paydown, and significant tax advantages that only real estate provides. This property represents a rare opportunity to acquire a stabilized, high-yield asset in a prime location with built-in upside.
Call now to learn about assumption requirements and unlock serious savings.

Location

State DC

County Washington

Zoning R5A

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank, Hardwood, Ceramic Tile

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Rubber,Flat

Accessibility None

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 2442

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 6116//0060

Ownership Fee Simple

SqFt Source 2442

Acceptable Financing Assumption, Conventional, Cash, FHA 203(k), VA

Listing Terms Assumption, Conventional, Cash, FHA 203(k), VA

Financing Assumption,Conventional,Cash,FHA 203(k),VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Mark Winner
Mark Winner

Agent

+1(412) 980-2720 | mark.winner@mvw.homes

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